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Bitcoin is trading at $66,921 in the early hours of the morning EST.
BTC has risen 1.5% in the last 24 hours, despite a 30% drop in trading volume. This is an indication that the market is more volatile amid speculations that large holders may be manipulating the markets.
Noobs!
Bitcoin does not fall naturally. Whales are placing fake sell orders to force noobs to sell. “buy back lower”. Your bags are stolen and you will be forced to buy them back at a much higher price.
— Hsaka (@HsakaTrades) March 5, 2024
Some traders think that the slowdown in the BTC price is a good opportunity for altcoins. @NCashOfficial says, “Euphoria really starts to flow once ATHs on Bitcoin are broken.”
Just beginning is the excitement.
Once ATHs are on, the euphoria starts to really flow #Bitcoin They are not working. When this happens, all mainstream media will become ineffective. source The narrative will be pushed by the author.
Bitcoin ETFs have been the most talked about thing in the world right now. MAX PAIN for the retail… pic.twitter.com/08TkOCydyM
— Nick | Crypto Crusader (@NCashOfficial) March 8, 2024
The Bitcoin Therapist, however, believes that the Bitcoin price will continue to rise. “is at a breaking point, “The BTC price is likely to continue rising after a break of $69,000.
Feels like #Bitcoin The point of no return is near. We will break through $69,000 in no time and continue to pump.
I’m waiting with patience, I am fully allocated and as maximum as possible. I have nothing more to give.
I gave my all. Here we go. pic.twitter.com/puxkqa2VDH
— The ₿itcoin Therapist (@TheBTCTherapist) March 8, 2024
Bitcoin’s price, however, remains in the November 2021 supply range, extending between $59,864 and $67,760. Bitcoin has confirmed that the trend will continue. This can be seen by the fact that the three-day candles closed above the median threshold of supply zone at $63,948.
Bitcoin’s price could rise above $69,000 if buyers increased their purchasing momentum. This would then allow the Bitcoin to break the $69 324 barrier and become a support. A move like this, which would turn the supply zone into a bullish break, could also cause the BTC price to jump up to the psychological $70,000 level.
TradingView: BTC/USDT 3-day chart
Comparative Case
If the supply zone is able to hold as a level of resistance, then the Bitcoin price may pull back and retrace the $60,784 assistance. The Bitcoin price could move south if it breaks below and closes under this level. The late buyers and investors who missed the previous rally would have a perfect opportunity to purchase Bitcoin.
Investors may want to diversify their investments as the Bitcoin price is taking a break. GBTC Crypto YouTuber Jacob Bury expects 10X growth when the investment is launched.
A Promising Alternative to Bitcoin
GBTC stands for the ticker GBTC. Green Bitcoin Ecosystem, a cryptocurrency that combines Bitcoin’s legacy with the eco-friendly attributes found in Ethereum. Gamified Green Staking introduces an innovative, sustainable stake model, allowing users to earn passive income by staking.
Green Bitcoin is going global, and our campaign has attracted thousands of supporters around the globe.
Thank you. pic.twitter.com/dRUyegB7PQ
— GreenBitcoin (@GreenBTCtoken) March 7, 2024
Gamified stake system of the project allows users to take part in daily and weekly BTC Price Prediction Challenges, earning attractive rewards.
Did you know that you can make a LOT of money by simply staking Green Bitcoins?
Check out our website to see the Staking feature. pic.twitter.com/6wiv99ER0O
— GreenBitcoin (@GreenBTCtoken) February 25, 2024
The ongoing $GBTC token presale is gaining significant attention. It has already surpassed $2,353 million. The presale is a great opportunity for early investors who want to be involved in the project. It offers them a low-cost entry price of only $0.6882. Now is the time to buy your tokens for this low price before prices increase in four days.
$2M raised!
We are thrilled to have all of you with us in this Green Revolution.
We are building something massive! pic.twitter.com/RDOvEyCyGW
— GreenBitcoin (@GreenBTCtoken) March 6, 2024
You can do it too stake $GBTC tokens Earn an impressive 167% annual percentage return. More than 3.462 millions $GBTC tokens were staked so far.
Green Bitcoin offers a variety of incentives to its community. predict-to-earn featureThe daily BTC predictions are made by users. Tokens $GBTC act as the stake As well as the rewards, which are distributed every 10 min.
As you can see, #Bitcoin As the number of predictions on your feed approaches record highs, you will see that everyone is making them.
Green Bitcoin is THE ONLY place to BUY and EARN from these predictions! pic.twitter.com/yGgux4u9b9
— GreenBitcoin (@GreenBTCtoken) February 16, 2024
This unique approach encourages participation from the community and helps maintain the stability and the growth of the $GBTC Network.
Jacob Bury, a YouTuber and crypto analyst, believes that $GBTC could soar in the coming months before Bitcoin’s halving.
Buy Green Bitcoin at Green Bitcoin here.
Also Read:
Green Bitcoin – Gamified Green Staking
![Green Bitcoin](https://fxruhanahmed.com/2/wp-content/uploads/2024/03/1709942770_859_Bitcoin-Price-Prediction-CryptoQuant-Warns-Of-BTC-Liquidity-Crisis-On.png)
- Contract Audited by Coinsult
- Early Access Pre-sale Live Now at greenbitcoin.xyz
- Cointelegraph – Predict to Earn
- Staking Rewards & Token Bonuses
- Raised Over $1 Million
![Green Bitcoin](https://fxruhanahmed.com/2/wp-content/uploads/2024/03/1709942770_859_Bitcoin-Price-Prediction-CryptoQuant-Warns-Of-BTC-Liquidity-Crisis-On.png)
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“This article is not financial advice.”
“Always do your own research before making any type of investment.”
Source: insidebitcoins.com